2/40 Church StreetKangaroo Flat VIC 3555
Property Details for 2/40 Church St, Kangaroo Flat
2/40 Church St, Kangaroo Flat is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 229m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Kangaroo Flat in the last 12 months.
Last Listing description (February 2024)
This unit, located at 2/40 Church Street in Kangaroo Flat, offers an ideal position between Kangaroo Flat and Lansell Square shopping centre. Situated at the rear of a neat complex with only two units, this property is perfect for those seeking an affordable and low maintenance lifestyle.
The unit comprises two bedrooms, both equipped with built-in robes, providing ample storage space. The spacious lounge area is fitted with both gas heating and a reverse cycle split system air conditioning unit, ensuring year-round comfort. The separate kitchen offers convenience and functionality, and there is a full-sized laundry. The light-filled bathroom is accompanied by a separate toilet, providing added convenience for residents. Outside, the property features a single carport, a garden shed and a low maintenance yard, making it easy to maintain and enjoy outdoor living.
Currently leased to an excellent tenant, it is generating a rental income of $275 per week. The lease agreement is in place until April 2024, making this property an attractive investment opportunity. Alternatively, it is also an ideal downsizer option for those looking to simplify their living arrangements. Contact listing agent Nathan Diss for further information on 0448 010 057.
Property History for 2/40 Church St, Kangaroo Flat, VIC 3555
- 01 Feb 2024Sold for $308,000
- 05 Dec 2023Listed for Sale $305,000 - $315,000
- 17 Dec 2015Sold for $180,000
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About Kangaroo Flat 3555
The size of Kangaroo Flat is approximately 18.4 square kilometres. It has 27 parks covering nearly 40.1% of total area. The population of Kangaroo Flat in 2011 was 9,492 people. By 2016 the population was 10,405 showing a population growth of 9.6% in the area during that time. The predominant age group in Kangaroo Flat is 20-29 years. Households in Kangaroo Flat are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kangaroo Flat work in a labourer occupation. In 2011, 67.3% of the homes in Kangaroo Flat were owner-occupied compared with 67.4% in 2016.
Kangaroo Flat has 6,205 properties. Over the last 5 years, Houses in Kangaroo Flat have seen a 56.68% increase in median value, while Units have seen a 50.82% increase. As at 31 August 2024:
- The median value for Houses in Kangaroo Flat is $524,243 while the median value for Units is $377,564.
- Houses have a median rent of $460 while Units have a median rent of $400.
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